Robert Sharp Towers I is a 110-unit existing elderly apartment building built in 1979 located in Miami Gardens, Florida. Robert Sharp Towers I was financed under the HUD 223(f) program which allows cash out. The new $3,368,000 HUD-insured loan has a 35-year term. The owner will make almost $17,000 per unit in repairs and upgrades.
Long-term rates have been rising since their recent lows in September. The bond market is reacting to uncertainty – uncertainty about inflation, jobs, tariffs, tax
For the fourth consecutive year, AGM Financial Services (AGM) donated a total of $100,000 to four Baltimore nonprofit organizations. Recipients will receive a $25,000 unrestricted grant that
In November, we told you about two proposed changes to FHA underwriting meant to increase multifamily production. Now it’s official. Late yesterday, HUD announced changes
20 South Charles Street
Suite 1000
Baltimore, MD 21201
Phone: 410.727.2111
Toll-Free: 800.729.4266
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